Common use of Obligations Not Assumed Clause in Contracts

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent Agent, any Purchaser or any Purchaser, other Affected Party of any obligation or liability of the Seller, any Originator Originator, the Servicer or any other Person under or in connection with the Receivables all, or any other portion of, the Asset Interest (including the Pool Assets and Related SecurityAssets), all of which shall remain the obligations and liabilities of the Seller, the Originator and/or Originators, the Servicer and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent or any Purchaser, Purchaser of any obligation or liability of the Seller, any Originator Originator, Master Servicer, or any other Person under or in connection with the Receivables all, or any other portion of, the Asset Interest (including the Pool Receivables and Related SecurityAssets), all of which shall remain the obligations and liabilities of the Seller, the Originator and/or Originators, Master Servicer and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, conveyance, and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent or any Purchaserthe Agent, of any obligation of the any Seller, any Originator Originator, any Servicer or any other Person under or in connection with the Receivables or Receivables, any other Related SecuritySecurity or any Purchase and Sale Agreement, all of which shall remain the obligations and liabilities of the such Seller, the Originator Originator, Servicer and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, transfer and transfer conveyance does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the Administratorany Administrative Agent, any Purchaser Agent, the Collateral Agent or any Purchaser, Purchaser of any obligation or liability of the any Seller, any Originator Originator, the Servicer, or any other Person under or in connection with the Receivables all, or any other Related Securityportion of, any Asset Portfolio, all of which shall remain the obligations and liabilities of the SellerSellers, Originators, the Originator and/or Servicer and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, transfer, and transfer conveyance does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent Agent, the Collateral Agent, or any Purchaser, Purchaser of any obligation or liability of the any Seller, any Originator Originator, the Servicer, or any other Person under or in connection with the Receivables all, or any other Related Securityportion of, any Asset Portfolio, all of which shall remain the obligations and liabilities of the SellerSellers, Originators, the Originator and/or Servicer, and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an any assumption by the Administrator, any Purchaser Agent or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the such Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAgent, any Purchaser Agent or any Purchaser, Purchaser of any obligation or liability of the Seller, any Originator Originator, Servicer, or any other Person under or in connection with all, or any portion of, the Asset Interest (including the Receivables or any other and Related SecurityAssets), all of which shall remain the obligations and liabilities of the Seller, the Originator and/or such other Personand Servicer, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent Administrator or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent or any Purchaser, Purchaser of any obligation or liability of the Seller, any Originator each Originator, Servicer, or any other Person under or in connection with the Receivables all, or any other portion of, the Asset Interest (including the Pool Assets and Related SecurityAssets), all of which shall remain the obligations and liabilities of the Seller, the Originator and/or each Originator, Servicer and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, conveyance, and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent or any Purchaserthe Agent, of any obligation of the Seller, any Originator Originator, or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, Seller and/or the Originator and/or such other PersonOriginator(s), as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Agent, the Administrator, any Purchaser Agent the Letter of Credit Bank or any PurchaserInvestor, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related SecurityAffected Asset, all of which shall remain the obligations and liabilities of the Seller, the Originator and/or such other Person, as applicableOriginator.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent the Liberty Street Administrator or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the such Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent the Liberty Street Administratoreither of the Administrators or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the such Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, conveyance, and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent or any Purchaserthe Agent, of any obligation of the Seller, any Originator Originator, the Servicer or any other Person under or in connection with the Receivables or Receivables, any other Related SecuritySecurity or the Purchase and Sale Agreement, all of which shall remain the obligations and liabilities of the Seller, the Originator Originator(s), Servicer and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, transfer, and transfer conveyance does not constitute constitute, and is not intended to result in in, the creation, creation or an assumption by the AdministratorAdministrative Agent, any Purchaser Agent, the Collateral Agent or any Purchaser, Purchaser of any obligation or liability of the Seller, any Originator ADT, the Servicer, or any other Person under or in connection with the Receivables all, or any other portion of, the Receivable Pool or Related SecurityAssets, all of which shall remain the obligations and liabilities of the Seller, ADT, the Originator and/or Servicer, and such other PersonPersons, as applicable.

Obligations Not Assumed. The foregoing saleconveyance, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the AdministratorAgent, any Purchaser Agent Group Agent, any Administrator or any PurchaserInvestor, of any obligation of the Seller, any Originator Originator, or any other Person under or in connection with the Receivables or any other Related SecurityAffected Asset, all of which shall remain the obligations and liabilities of the Seller, Seller and/or the Originator and/or such other PersonOriginators, as applicable.

Obligations Not Assumed. The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Administrative Agent or any Purchaser, of any obligation of the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related Security, all of which shall remain the obligations and liabilities of the Seller, the such Originator and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, assignment assignment, conveyance, and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrator, any Purchaser Agent or any Purchaserthe Agent, of any obligation of the Seller, any Originator Originator, any Servicer or any other Person under or in connection with the Receivables or Receivables, any other Related SecuritySecurity or any Purchase and Sale Agreement, all of which shall remain the obligations and liabilities of the Seller, the Originator Originator, Servicer and/or such other Person, as applicable.

Obligations Not Assumed. The foregoing sale, conveyance, transfer and assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Administrative Agent, the Administrator, any Purchaser Agent or any Purchaserthe Insurer, of any obligation of the Originator, the Transferor or the Seller, any Originator or any other Person under or in connection with the Receivables or any other Related SecurityAffected Asset, all of which shall remain the obligations and liabilities of the Seller, Originator pursuant to the Originator and/or such other Person, as applicableFirst Tier Agreement.